Kolachi Method of Trading

[kolachi]

Dave,
Kolachi Method is actually based on couple of wma5 and ema21 which oscillates around ema200 as axis. The other emas like ema55 and ema100 are to help us in managing the trades.
To avoid any fake slope change of wma5, we look at other emas which help us in analysis. No kolachi ema is useless in Kolachi Method. Each one has a very important role to play. If you only use wma5 and ema21, you minimize your chances of success, although still you will be profitbale.

kolachi

Originally Posted by Dave2

Hi Kolachi,

I'm trading your 5wma 21ema system and enjoying it. Can you tell me what you do when the 5wma changes direction very slightly because sometimes it tends to do this when in a good trend and I have exited when I could have stayed in the trade.

To be clear we enter a trade when the following occurs: the 5wma is flat or changing direction, the candle close is greater than the previous candle and then the cross occurs of the 5wma and 21ema.

At the moment I enter the trade only based on the changing slope of the 5wma.

Thanks,
Dave

[kolachi]

Weekly Performance
Month:October, 2007
Week:10-17th day
Equity Change: +4.29%
Pips Pefromance: +618 pips

kolachi

[b0b0b]

Thank You

[Dave2]

Thank you Kolochi, your help and advice is always appreciated.

[kolachi]

Weekly Performance
Month:October, 2007
Week:17-24th day
Equity Change: +4.70%
Pips Pefromance: +705 pips

kolachi

[kolachi]

Hi All,
Last week in addition to euro, I had an opportunity to trade euroyen. Following is the chart of euroyen long trades.

kolachi

[kolachi]

Hi All,
Today was a news day as calendar was full of news releases. Today ended with me for +175 pips in total. Charts for euroyen and euro are posted below.

kolachi

[matrixebiz]

Is there an Autotrade EA for this system?
Thanks

[kolachi]

No. There is no EA for Kolachi Methods.

kolachi

Originally Posted by matrixebiz

Is there an Autotrade EA for this system?
Thanks

[Jof]

Hi I am very new with forex and at this point in time would like just going through the forum.

Thanks